In a report released on February 13, Michael Siperco from RBC Capital maintained a Buy rating on Alamos Gold (AGI – Research Report), with a price target of $16.00. The company’s shares closed yesterday at $11.73.
According to TipRanks, Siperco is an analyst with an average return of -13.3% and a 26.52% success rate. Siperco covers the Basic Materials sector, focusing on stocks such as SSR Mining, Alamos Gold, and Eldorado Gold.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Alamos Gold with a $15.76 average price target, implying a 34.36% upside from current levels. In a report released on February 14, Scotiabank also maintained a Buy rating on the stock with a $16.00 price target.
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The company has a one-year high of $14.92 and a one-year low of $9.70. Currently, Alamos Gold has an average volume of 2.7M.
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Alamos Gold (AGI) Company Description:
Alamos Gold, Inc. engages in the exploration, development, mining, and extraction of precious metals. It operates through the following segments: Young-Davidson, Mulatos, Island Gold, Elchanate, Kirazli, and Corporate and Other. The company was founded on February 21, 2003 and is headquartered in Toronto, Canada.
Read More on AGI:
- Alamos Gold Intersects Additional High-Grade Mineralization Near Existing Infrastructure at Island Gold which is Expected to Drive Further Growth in Mineral Reserves and Resources
- Ranchero Gold enters agreement for sale of Paika’s interest in four licenses
- Alamos Gold Provides Notice of Fourth Quarter and Year-End 2023 Results and Conference Call
- Alamos Gold announces acquisition of Orford Mining
- Alamos Gold Announces Acquisition of Orford Mining Including the Qiqavik Gold Project
